Spain - Bananas and Plantains - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBanana and Plantain Price in Spain - 2023
Contents:
- Banana and Plantain Price in Spain (CIF) - 2023
- Banana and Plantain Price in Spain (FOB) - 2023
- Banana and Plantain Imports in Spain
- Banana and Plantain Exports in Spain
Banana and Plantain Price in Spain (CIF) - 2023
In August 2023, the average banana and plantain import price amounted to $828 per ton, rising by 12% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.7%. Over the period under review, average import prices hit record highs at $839 per ton in April 2023; however, from May 2023 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($990 per ton), while the price for the Netherlands ($616 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Banana and Plantain Price in Spain (FOB) - 2023
In August 2023, the average banana and plantain export price amounted to $907 per ton, falling by -2.1% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in December 2022 an increase of 45% against the previous month. As a result, the export price reached the peak level of $1,297 per ton. From January 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was France ($1,261 per ton), while the average price for exports to Morocco ($494 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Banana and Plantain Imports in Spain
In 2022, the amount of bananas and plantains imported into Spain rose slightly to 441K tons, with an increase of 4.3% compared with the previous year's figure. The total import volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 12%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, banana and plantain imports rose notably to $306M in 2022. The total import value increased at an average annual rate of +7.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 13%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Banana and Plantain in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 64.3 | 70.0 | 89.4 | 91.1 | 12.3% |
| France | 13.6 | 55.2 | 65.2 | 77.6 | 78.7% |
| Portugal | 2.6 | 21.7 | 25.8 | 37.5 | 143.4% |
| Colombia | 58.1 | 39.2 | 37.3 | 30.9 | -19.0% |
| Ecuador | 22.7 | 19.3 | 24.4 | 23.8 | 1.6% |
| Italy | 2.3 | 13.5 | 16.3 | 18.3 | 99.6% |
| Belgium | 3.2 | 7.1 | 5.9 | 10.5 | 48.6% |
| Cote d'Ivoire | 50.0 | 1.8 | 2.1 | N/A | -79.5% |
| Others | 28.1 | 17.5 | 11.2 | 16.2 | -16.8% |
| Total | 245 | 245 | 278 | 306 | 7.7% |
Top Suppliers of Banana and Plantain to Spain in 2022:
- Cote d'Ivoire (undefinedK tons)
- Costa Rica (157.1K tons)
- France (103.6K tons)
- Colombia (45.8K tons)
- Portugal (43.2K tons)
- Ecuador (29.3K tons)
- Italy (21.4K tons)
- Belgium (14.5K tons)
Banana and Plantain Exports in Spain
In 2022, the amount of bananas and plantains exported from Spain reduced remarkably to 87K tons, falling by -29% against the previous year's figure. Overall, exports continue to indicate a pronounced shrinkage. The growth pace was the most rapid in 2021 when exports increased by 23% against the previous year. As a result, the exports attained the peak of 122K tons, and then dropped notably in the following year.
In value terms, banana and plantain exports fell sharply to $71M in 2022. In general, exports recorded a mild reduction. The growth pace was the most rapid in 2021 with an increase of 22%. As a result, the exports reached the peak of $94M, and then fell dramatically in the following year.
| Export of Banana and Plantain in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 66.3 | 63.9 | 77.6 | 59.3 | -3.7% |
| France | 4.3 | 5.2 | 6.7 | 4.3 | 0.0% |
| Netherlands | N/A | N/A | 0.1 | 1.0 | 900.0% |
| Romania | 0.3 | 1.4 | 1.2 | 0.9 | 44.2% |
| Others | 4.8 | 7.1 | 8.8 | 6.0 | 7.7% |
| Total | 75.7 | 77.6 | 94.4 | 71.4 | -1.9% |
Top Export Markets for Banana and Plantain from Spain in 2022:
- Portugal (74.6K tons)
- France (3.5K tons)
- Netherlands (1.5K tons)
- Romania (1.3K tons)
This report provides an in-depth analysis of the banana and plantain market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 486 - Bananas
- FCL 489 - Plantains
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the banana and plantain market in Spain.
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This report provides an in-depth analysis of the plantain market in Spain.
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This report provides an in-depth analysis of the banana market in Spain.
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This report provides an in-depth analysis of the global banana and plantain market.
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This report provides an in-depth analysis of the global plantain market.
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This report provides an in-depth analysis of the global banana market.
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This report provides an in-depth analysis of the banana and plantain market in Spain.
954
This report provides an in-depth analysis of the plantain market in Spain.
571
This report provides an in-depth analysis of the banana market in Spain.
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This report provides an in-depth analysis of the global banana and plantain market.
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Due to this, imports of Plantain reached their highest point and are expected to continue growing in the near future. In terms of value, plantain imports rose significantly to $4.9M in October 2023.
172
The growth pace of Plantain imports experienced its most rapid increase in March 2023, with a month-to-month surge of 32%. In terms of value, the September 2023 data reflected a decline in plantain imports, amounting to $3.6M.
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The global banana market revenue amounted to $58.5B in 2017, therefore, remained relatively stable against the...
827
The global banana market revenue amounted to $X in 2017, flattening at the previous year. Overall, the total market indi...
2341
The global banana consumption stood at $X in 2016, which was X% more than the year before. This figure reflects total revenue of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be incl
12842
Global banana consumption amounted to X thousand tons in 2015, going up by +X% against the previous year level.
5176
Global banana exports amounted to X thousand tons in 2015, reducing by -X% against the previous year level.
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Global banana imports amounted to X thousand tons in 2015, approximately equating the previous year level.
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Global banana production amounted to X thousand tons in 2015, rising by +X% against the previous year level.
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Global banana market had total revenues of X million USD in 2015, seesawing over the last three years, after a steady growth from 2007 to 2012.
